Like other corporate entities, churches encounter business activities that must be completed just before, or soon after, the end of the calendar year. Now is the time to make plans for these various tasks. The questions that follow can be used as a checklist for...
Clergy
Volunteers: Knowing Their Importance
Would your budget survive if you suddenly had to pay your volunteers for their time? Most nonprofits would answer with a resounding "no." But financial gain isn't the reason your volunteers show up to help. They are actively supportive because they believe in your...
Are Ministers Considered Employees or Self-Employed?
The answer is “both.” Ministers have what is commonly referred to as “dual tax status.” For federal income tax purposes, a minister is generally treated as a common-law employee. For payments into Social Security, the minister is always self-employed. This is an IRS...